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Global Diesel Gensets Market: Overview
A
diesel generator is a combination of a diesel engine along with an electric
generator thus forming a distributed generation unit. The basic function
is power generation via an internal combustion engine to produce energy from gaseous
fuels. The chief advantage of distributed generation is the quick ramp up of electricity
as opposed to traditional generation in power plants. Especially suitable
for remote areas, diesel generators are an effective solution for tackling power shortages and growing
energy demand.
Heavy
industries, commercial zones, Information Technology (I.T.) parks, and
residential areas are some of the major markets for this industry. Some of the
most critical infrastructure of any city which includes hospitals, telecom
stations, power plants, and airports among others is also heavily dependent on
the diesel genset industry.
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The
diesel gensets market is driven by a need for reliable, mobile, and easy-to-use
backup of electricity to be used either in off-grid locations or coupled with
existing locations covered by the grid. Part of the reason for their popularity
is also the inefficiency associated with distribution & transmission of
power through cables over long distances. As the electricity industry targets
the supply of continuous power for alleviating any emergency, the diesel genset
is likely to be of paramount importance.
A
possible threat does emerge in the form of alternative means of battery storage
using benign materials and renewable sources of energy. However, the market
penetration of existing gensets along with the fact that the technology is
perfectly established provides a relief to the diesel genset industry. There
exists an opportunity of furthering the diesel genset cause in emerging
economies where many new industries are likely to be established during the
next decade. Proper & timely maintenance of the gensets can ensure that
this aim is brought to fulfillment through cost reduction and improved
performance.
The
technological segmentation for diesel gensets is carried out based on factors
such as size, fuel storage, and the desired power rating. Sizing is based on
the site conditions and the type of appliances or equipment to be powered by
the genset. Based on the power rating, a diesel genset could have a standby
rating, prime rating, or base-load rating. Also, the electrical power derived
from a genset could be consisting of a single-phase or multiphase. These
segmentations have to be well defined if the diesel genset in question is to
have proper functioning and low maintenance. There are software programs which
assist genset manufacturers to make the correct choice for the given load
requirement.
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Europe
and North America, the traditional regions for diesel gensets market are likely
to remain stable and largely unchanged in the next decade. There has been a considerable
demand from Asia Pacific and the emerging markets of Africa and South America.
In Asia, the focus is on India and China, two countries which are expected to
add many power plants thus furthering the need for diesel genset units. The
technology improvements in the telecom sector in India are expected to be a
major driver for growth of the diesel gensets market. As for Middle East and
Africa, power generation using oil & gas is likely to be backed by diesel
gensets to prevent grid brownouts. The regional segmentation would be done as
Europe, North America, Asia Pacific, Middle East & Africa, and Rest of the
World (ROW).
Global
Diesel Gensets Market: Key Players
Some
of the key players in the diesel gensets market include Caterpillar, Cummins,
GE Energy, Dresser-Rand, Briggs & Stratton, Kohler Co., Generac Power
Systems, Guascor Power, Wartsila, and MTU Onsite Energy among others.
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